Eurex Repo average daily volume rises 33% YoY for January
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Eurex Repo average daily volume rises 33% YoY for January 05 February 2024Europe Reporter: Sophie Downes
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Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 33 per cent year-on-year (YoY) to €338.9 billion for January.
This YoY growth was driven by a 57 per cent YoY increase in GC Pooling average daily term-adjusted volume to €128.9 billion and 21 per cent YoY growth in special repo average daily volume to €210.0 billion.
For OTC derivatives clearing, notional outstanding volumes have risen 8 per cent YoY to €33,537 billion.
This growth has been driven by 9 per cent YoY expansion in notional outstanding for interest-rate swaps to €14,356 billion for January. Overnight index swap clearing volumes have risen 32 per cent YoY to €3,300 billion.
Average daily cleared volumes through Eurex Clearing have declined 16 per cent YoY for January to €281 billion.
This features a 15 per cent YoY increase in average daily cleared volume for interest rate swaps while overnight index swaps average daily cleared volume increased 46 per cent YoY for November to €19 billion.
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